Manufacturing ·NAICS 31123

NAICS 31123 · IRS SOI (C corp) · Census CBP 2023

Breakfast Cereal Manufacturing - Industry Benchmarks

11 SBA loans on record, $14M in volume, for NAICS 31123.

94
Establishments
N/A
Workers employed
N/A
Avg payroll / employee
$14M
SBA lending, FY20–26

Data updated August 2026

The verdict · NAICS 31123

Utah leads Breakfast Cereal Manufacturing activity nationally, across 94 establishments employing N/A workers. IRS SOI doesn't publish margin data at this NAICS level.

94
Business establishments (Census)
N/A
Workers employed (Census CBP)
N/A
Avg payroll / employee
$14M
SBA lending, FY20–26

Use Breakfast Cereal Manufacturing's NAICS benchmark as a comparison point, not a forecast for one business.

Breakfast Cereal Manufacturing is reported here with financial measures from IRS Statistics of Income and workforce measures from Census County Business Patterns. The page keeps those source systems distinct, shows unavailable fields rather than estimating them, and links the underlying industry context so readers can compare the same NAICS activity before interpreting a margin or payroll figure.

Source: IRS SOI (C corporation headline) and Census County Business Patterns 2023

Benchmarking Insights for Breakfast Cereal Manufacturing

Breakfast Cereal Manufacturing sits inside Manufacturing.

94 establishments employ N/A workers. Utah leads employment.

Employment

N/A

Total employees (Census CBP)

Avg Payroll / Employee

N/A

Annual compensation

Establishments

94

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

establishment count decreased by 5. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.

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Financial Detail

Sub-Industries

Industry Profit Margin
Breakfast Cereal Manufacturing

NAICS 311230

N/A

Top States by Employment

State Employment
Utah 348

Showing top 10 of 16 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

11

Total Loan Volume

$14M

Avg Loan Size

$1295K

Jobs Supported

253

Program Breakdown

7(a) 11 (100%)
504 0 (0%)

Top SBA Lender

Newtek Bank, National Association

9 loans in this industry

New Business Share

9.1% of borrowers were new/startup businesses

Annual Lending Trend (2 yrs)

2024
2
2025
9

Frequently Asked Questions

How many businesses are in Breakfast Cereal Manufacturing?
94 business establishments.
What is the average payroll per employee in Breakfast Cereal Manufacturing?
Average payroll data for Breakfast Cereal Manufacturing is not available in the current Census CBP dataset.
Which states have the most Breakfast Cereal Manufacturing employment?
Utah leads with 348 workers.
How much SBA lending does Breakfast Cereal Manufacturing receive?
Breakfast Cereal Manufacturing businesses received 11 SBA loans totaling $14 million between FY2020 and FY2026. The average loan size was $1295K. These loans supported 253 jobs at origination. Most lending (100%) came through the SBA 7(a) program.

Read with this industry: Industry employment trends · Manufacturing · Rankings

Disclaimer: Public IRS/Census data, not financial or tax advice. See our full disclaimer.

Sources: IRS Statistics of Income (SOI) Business Tax Statistics · Census Bureau County Business Patterns 2023

NAICS 31123 · CBP 2023 · IRS SOI

According to the U.S. Census Bureau, which released its 2023 County Business Patterns dataset in June 2025, PlainBizBench benchmarks 2,002 U.S. industries against Internal Revenue Service Statistics of Income data. See our methodology for the full compilation process.

Source: U.S. Census Bureau, County Business Patterns / SUSB Industry employment scale, payroll, and firm-size benchmarks · 2023

Every figure on PlainBizBench is rendered directly from federal source data, no number is typed in by an editor. This page aggregates profit-margin, payroll, entity-type, and SBA-lending benchmarks for this industry, live from the dataset. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.

Disclaimer: Public IRS/Census data, not financial or tax advice. See our full disclaimer.